In the constantly expanding legal and regulatory environment surrounding credit unions, we feel it’s important to regularly update our clients on upcoming changes that could impact their operations. Whether your credit union is state or federally chartered, or federally or privately insured, Congress, the Illinois General Assembly, and state and federal administrative agencies are working tirelessly to redefine the rules you must follow on a daily basis to keep your business open.
The CU Rules Report will provide a “heads-up” on important topics that have recently become effective, or are being proposed by your friendly government official. No law or regulation operates in a silo that impacts only one portion of a credit union’s operations, and Freeborn & Peters LLP is dedicated to being a full-service business partner. This information, in conjunction with the attorneys you work with at Freeborn, can help provide all the resources you need to make important everyday business decisions – from lending, to employment, and real estate to vendor relationships.
Attached, please find Issue 1, authored by Brad Bergmooser.
